The Reasons behind Entrepreneurs’ Happiness

It is true that being an entrepreneur is not as easy as it sounds; it requires hard work, handling stress, taking risky decisions and of course instability. Yet, entrepreneurs are very happy with their jobs since they are free to control the money they make.

According to studies, self-employed people work more than employees by 4.4 hours a week. Moreover, they are more likely to face increasing levels of stress than a normal employee. This can be related to the fact that self-employed people, unlike employees, spend doubled time thinking about work, especially not during the working hours. Also, according to statistics, people who are employed for other people enjoy their income more than self-employed individuals. However, we all still love and seek to be self-employed. Why is that?

Several studies have revealed 3 factors related to being satisfied with your life and your job: independence, self-rule and sense of achievement. According to researchers, it has been identified that people who were employees and then have their own businesses witness an increase in their satisfaction levels, whether in life or in their jobs, every year of self-employment. Furthermore, people who are employed are said to be less satisfied than those who are working on their own (28% vs. 39%). Studies also showed that if you pay for employed people twice the salary they get every month, they will still be less satisfied that self-employed people.

Getting started with your own business will give you a happy feeling which will increase when you start hiring people to work for you. There is a relation between the happiness in the society of entrepreneurs and the happiness in the national society. When you are self-employed, you are not afraid of being dismissed or fired; you are working hard to achieve your own goals; you are financially independent and you are free to be creative and take your own decisions.

At last, being an entrepreneur is being in charge of succeeding on your own and being able to decide the type of your success.